Multi Function Commercial Building For Sale New Iberia

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30835731
Property Subtypes: Business Park, Executive Suites, Coworking, Governmental, High-Tech, Institutional, Medical, Mixed Use, Flex Space, Net Leased, Office Building, Research & Development, Other
Building Size (RSF): 3,801 SF
Gross Building Area: See Agent
Sale Price: $225,000
Unit Price: $59.19 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Usable Size (USF): 2,905 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

Two commercial buildings for sale with Lewis Street Frontage. The main building (501 S Lewis Street) consists of 2,905 SF and has stood the test of time. Originally a Grocery Store that opened around 1950 and since has had many different layouts and uses ranging from a Plate Lunch Drive through to an Optometrists' office. Building has a strong structure consisting Cinder Block walls on Slab with a Metal Roof. The secondary building is 896 SF and currently occupied by a long term Tenant. Please DO NOT disturb the tenant.

Attachments & Media

Additional Details

Nearest MSA: Lafayette
County: Iberia
Tax ID/APN: 0502555501
Zoning: C-3
Highway Access: HWY 90 and LA 182
Airports: Acadiana Regional Airport
Total Number of Buildings: 2
Number of Stories: 1
Construction/Siding: Block, Brick
Parking Type: Structure, Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: heavy commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1-50 X 145 ITEM 2 LEWIS ST, LOT 20, VIRGINIA ST, LOT 2 BEING LOT 1, BLK G, LEMAIRE SUB # 2 BLDG (501 S LEWIS ST) ITEM 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,067 34,376 45,669
Median Age: 34.73 36.22 36.01
Households: 3,592 13,200 17,064


Photograph of Listing Agent

Bart Broussard

The Gleason Group Lafayette, LA 70508
LACDB Member
Photograph of Listing Agent

Peyton Pharr

The Gleason Group Lafayette, LA 70508
LACDB Member
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